401(k) · DOL Form 5500 · 2024

Steelcase, Inc. 401(k) Plan

Data updated 2026-08-06

$1.5B
Total assets
4,280
Participants
99th
Percentile by assets
$349,623
Avg per participant
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Official DOL plan name: Steelcase Inc. Retirement Plan · Sponsored by Steelcase, Inc. · Michigan · Manufacturing

$1.5B in assets, 4,280 participants

Steelcase, Inc.'s Steelcase Inc. Retirement Plan reported $1.5B in total assets and 4,280 participants in its 2024 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 116,472 plans)
  • #16,567 in Manufacturing (16,886 peers)

Coverage in Michigan

Steelcase Inc. Retirement Plan covers 4,280 participants in Michigan, 6.8x the typical Michigan plan (state average ~632 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
4,280
covered participants
99th
percentile by assets (of 116,472 plans)
$349,623
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Steelcase Inc. Retirement Plan reported net income fell from $98M in the plan year 2023 filing to $61M in the plan year 2024 filing.
  • Steelcase Inc. Retirement Plan reported participants fell from 4,598 in the plan year 2023 filing to 4,280 in the plan year 2024 filing.
  • Steelcase Inc. Retirement Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Steelcase Inc. Retirement Plan reports 4,280 participants - 6.8x that state average ($1.5B EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.5B
Net Income$61M
Employer EIN380819050
Plan Effective Date1944-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Steelcase, Inc.)

$1.3B$1.35B$1.4B$1.45B$1.5B$1.55B 202220232024 $1.34B $1.5B ▲ +11.9%
Total plan assets by year, all Steelcase, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,802 $1.3B
2023 1 4,598 $1.4B
2024 1 4,280 $1.5B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Steelcase Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Steelcase Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0510152025 Total assets ($B) Participants Steelcase Inc. Retir…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Steelcase Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Steelcase Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Steelcase Inc. Retirement Plan assets move in 2024?
Steelcase Inc. Retirement Plan edged up modestly - up 4.3% during 2024, from $1.4B to $1.5B. Reported net income was $61M.
How have Steelcase, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Steelcase, Inc.'s sponsor-wide assets grew 11.9%, from $1.3B to $1.5B.
Where does Steelcase Inc. Retirement Plan rank by assets among Form 5500 filers?
Steelcase Inc. Retirement Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Steelcase Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Evergy, Inc. 401(k) Savings Plan in MO ($1.5B, 4,651 participants).

Next read for Steelcase Inc. Retirement Plan

Filing takeaways

Ways to act on Steelcase Inc. Retirement Plan's numbers.